FirmaIQ
Org.nr 922 356 475 2022 → 2023 Year-over-year analysis

ADVOKAT LØVDAL AS: årsregnskap 2023 vs 2022

Grew 41% on revenue, stronger earnings

approved 2024-04-15; registry 2024-04-25; journal 2024 376649

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVOKAT LØVDAL AS. Revenue 131.6k NOK → 185.5k NOK (+41.0%). Net result -372.9k NOK → -37.4k NOK. Equity 417.6k NOK → 380.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
131.6k NOK 185.5k NOK
+41.0%
Operating result
-371.3k NOK -38.0k NOK
+89.8%
Net result
-372.9k NOK -37.4k NOK
+90.0%
Equity
417.6k NOK 380.2k NOK
-9.0%
Cash
309.7k NOK 259.4k NOK
-16.3%
Total assets
546.8k NOK 514.2k NOK
-6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 131.6k NOK to 185.5k NOK (+41.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -371.3k NOK → -38.0k NOK (op. margin -282.2% → -20.5%). Calculated

  • ↑

    Net result improved

    Net result -372.9k NOK → -37.4k NOK (net margin -283.4% → -20.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 283.9k NOK → 21.1k NOK (216% → 11% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 417.6k NOK → 380.2k NOK (equity ratio 76.4% → 73.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 309.7k NOK → 259.4k NOK (-16.3% YoY). Calculated